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Oct 18 2021 at 16:24
posts 25
In my opinion, if you don't have any time o dedicate to trading activity but you want to earn some extra money, then EAs aren't the best choice, because you're a rookie in trading. EAs should be used only by those traders who have a solid experience in this activity. To my mind, you would better start investin money. Forget about any scalping/intraday trading, because as you said you don't have extra time for it, but these two things imply the full-time job in order to gain progits. So you should pay attention to investing. You will need to check all your positions at least once a wekk, you can do it on weekends.
Oct 18 2021 at 16:33
posts 801
Help is certainly good, but in trading it is more important to have your own knowledge.
Nov 12 2021 at 11:53
posts 12
I can help you with the forth point in your list. I can assure you that you don't require help from expert advisors or some professional traders which can help you to dive into trading activity. Forstly, you will have to pay money for it, while you can just invest this money into trading and develop your skills by your own. Secondly, you will not gain enough experience in order to start earning money, because advisors will help you during particular time and when you will be free of this advisors, you won't be able to do somethig by your own. Independance is something that should prevail as a feature in traders.
Mar 03 at 12:07
posts 65
Tigerbull posted:

I'm new to this biz and can't filter out what's true or false online. Need someone to tell me exactly what to do. Below is what I got...

1. $5K USD max to invest...life savings
2. My internet connection is extremely slow here
3. Need to find broker
4. Need a good expert advisor or copy trade someone on auto-pilot...working double job to support my family. Can't do any manual trading at this time.
5. Need a good VPS

Any advice would be hugely appreciated.
Please don’t invest your life savings initially on your live trading account! Basically, Forex is a risky business, there is no guarantee in this volatile market! On the other hand, more than 98% new traders loss their money, so be careful!
Mar 03 at 16:43
posts 939
A great option for a beginner is a demo account. For example, when I started working with a demo account, it was a great learning option for me.
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